On the 3 July 2007, the Commission for Energy Regulation and the Northern Ireland Authority for Utility Regulation designated the Single Electricity Market Trading and Settlement Code (the “Code”) to be that Code as here published on this website on 3 July, and modified from time to time thereafter in accordance with procedures set out in the Code.The Code sets out the rules and procedures for an electricity trading and settlement system for the Single Electricity Market, due to Go-Live on 1 November 2007.
The Code as designated constitutes the SEM Trading and Settlement Code Version 2.0 as published on 31 May 2007, with the inclusion of Section 8: Transitional Arrangements published on 19 June 2007 and the Agreed Procedures published on 25 June 2007.